Labour Hire Division EV v's ASH Market Cap, page-25

Last interim divided was paid on the 4th March of 2.3 cents. Therefore, if a dividend announcement is to be made it wont be until late Feb.

In the IPO the company stated a 60-70% payout ratio re NPATA. This is at the directors discretion.

Assuming NPATA is $10m (lower than the 10% drop anticipated), then a 60% payout would be nice.

Even half the dividend of last year of 1.15 cents per share is a 4.6% return.

Given there are retail funds invested in this stock, they should at least pay a dividend to keep them happy. Scrapping the dividend with a NPATA would result in further downward trend.